“The people of the United States have, in their vain entitlement, made a great effort to forget either that the Standard Oil Company is a business, or the functions of a business. The Company is not obligated to charity or public welfare. The Company is not obligated to take up the duties of Government in deciding and ensuring such concepts as ‘fairness’. The Company is not obligated to provide service on the terms set by customers, governments, or other businesses. The Company’s obligation is to exist. Should other bodies wish other companies to compete, they may fund them to do so.”

John D. Rockefeller, defending his monopoly on 90% of US oil